JASON M asked:


If I co-own a house with a friend and he/she was sued for an accident, had a lien for doctor bills or credit cards, etc., would that affect my share of the property also? If so, what type of agreement can be written up to prevent this?

Thanks

Johnny asked:


I want to buy my first car but I have bad credit from cards I got back in highschool that i never got around to paying. I want to get a decent car, I would be ok with like a 02′ Honda Accord or somthing like that. Will I need a co-signer or will anyone finnance me with my bad credit?

sexylittlemisstweetybird83 asked:


First Off we live in Alberta, canada

We have a Mortgage paying 458 every 2 weeks which is 1 extra payment a year (I believe).

We bought the condo for 164,000 + 2,000 upgrades and paid approx. 35,000 down in December 2006.

We have been informed that the condo is now valued at 194,000 or maybe even more which would be approx 30,000 more.

Is there any way we can get approx. 30,000 loan or 30,000 added to mortgage
owing amount so we can pay all of our credit cards and buy some furniture +add stuff to the house?

If yes what documentation do we need to prove what the condo is worth?

How does it effect the mortgage? Would 458 every 2 weeks remain the same,

Just the total owing increases?

Thanks in advance to all who answers.

Man of La Mancha asked:


I have about five to six unsecured debts [no credit cards] that i need to consolidate and make one payment or like. Bankruptcy is not an option for me. The total is around $10K. I am not interested in debt consolidation agencies, so far the ones i have talked to, i know more what to do than them…I can make monthly payments toward the debt and also pay reasonable fees and/or % of satisfactory arrangements. Anyone knows a serious, good attorney in the areas that i can contact for a free consultation. Thank you
Mr Gerald, with replies like yours no wonder you have so many answers….I am retired, disabled, soc sec, and yes i still work, as allowed…so your easy out is poor at best….thanks

Lady asked:


Hi. My home equity loan is an interest only adjustable and I am currently paying something like 7.02 (I have a rate of 1.25 below prime). I also have credit card debt on two cards, but they are fixed at 4.02 and 4.99. I know its usually better to not have the credit card debt, but since the rates are fixed and lower than my heloc, should I work on paying the heloc off first (I owe twice as much on my heloc as I do on my credit cards). Thanks.

Margene H asked:


I owe on 3 credit cards. One is starting to fall behind on the payments as its too much to pay. Which route is the way to go? Debt consolidation or contacting creditors & explaining that I was living beyond my means & now I am having trouble paying.

On the one card I’m having trouble with (Chase), my monthly balance is $299 but I can afford to pay $180 a month to them. I’ve heard horror stories where people get the WORST treatment when they try to set up payment plans with credit card companies. Do most companies decline an offer of a payment arrangement? I can get back to more payments in January or February but now is hard.

jonoxk asked:


I owe £20,000 on credit cards. I have felt suicidal, but don’t want my problems to become my wife’s problems, not fair on her – I just wanna sort this out now. But we do have a nice home, and sunk all our savings to pay a 10% deposit on it two years ago. We have kept up with repayments but times are hard, we are both full time emploted but the savings we had generated from our second income, well that business has dried up. I am talking with Payplan to see if I can sort my debt problems out but wonder if adding the debt to the mortgage is teh answer. If I just had this one bill as opposed to all the card bills I think I would be happier because I feel I would be making progress. I think the snowball effect with credit cards won’t work with because the interest on the cards wipes me out. Does anyone think adding the debt to the mortgage is the best idea?

Thank you

R&B asked:


Together me and my boyf earn £32000. We both have bad credit, and I have a loan of £212 a month, plus credit cards which large amounts. What is the best thing to do? We are considering part rent/part buy. All help appreciated

MADAME JADE asked:


strong opinion! ex cleaned out my acct of 25k without my knowledge, my credit cards-he was authorized user, i walked away with debt incurred by other, loans to repay, etc. i was not financially careful. i pay $1400. in rent now. why not purchase?

mandy608 asked:


My husband and I are looking into refinancing to consolidate our debts, it’ll pay our credit cards, car payment etc…the lower monthly payment sounds great but I’m afraid it’ll be more trouble than it’s worth. Does anyone have any tips, suggestions, questions we should make sure we know before we say yes?